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Nov 7, 2012
11/12
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over the edge in terms of helping the president with his support of the president during hurricane sandy? >> no. chris christie has got a lot of pulls but he could have had a thousand other people pulling with him but there is no way the state was going to go for mitt romney. it wasn't going to happen. >> it was very clear to me that new jersey, new york, and states like ours would stay in the barack obama column. >> thanks so much. >> we will see you soon. >> phil? >> currently i am joined by will i. am with the black eyed peas. why did you come here tonight? >> i wanted to come here, i was here in 2008. being here in 2008, going to the community that i come from to soak up the inspiration and the energy to go back to that ghetto that i come from and rinse it out. o give them some sense responsibility individually to change their lives or family's lives and the community. i'm on the mission to bring the skill set to these kids so they can become tomorrow's leaders. i want you to go college and become tomorrow's entrepreneurs. just pay me back by changing our community. >> real quick. ho
over the edge in terms of helping the president with his support of the president during hurricane sandy? >> no. chris christie has got a lot of pulls but he could have had a thousand other people pulling with him but there is no way the state was going to go for mitt romney. it wasn't going to happen. >> it was very clear to me that new jersey, new york, and states like ours would stay in the barack obama column. >> thanks so much. >> we will see you soon. >>...
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Nov 13, 2012
11/12
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>> no, the mail was a little slow due to sandy. >> serious l the banks are not invited. is this a concern that one key part of the economy is not involved in the conversation? >> i think it's fundamental. without money, you can't create jobs. the single best source of money is banking. so even though the other corporations that are there need to spend money, they need to get money from the very places such as the new york stock exchange, such as the banks that are not being invited to this meeting. so without the banks, i think we misan important ingredient as to what needs to be done so as to create more viability in the period ahead. >> we all want to rise above it and get on board and get the economy back on track. i just worry that it's going to be two sides digging in again and lotsds of divisiveness and finger pointing. are we going to get back on track and get over this, you know, us versus them mentality? >> i think for the next four years the battle will continue. >> you do? >> however, i believe we'll settle the cliff issue just close enough to the actual date
>> no, the mail was a little slow due to sandy. >> serious l the banks are not invited. is this a concern that one key part of the economy is not involved in the conversation? >> i think it's fundamental. without money, you can't create jobs. the single best source of money is banking. so even though the other corporations that are there need to spend money, they need to get money from the very places such as the new york stock exchange, such as the banks that are not being...
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Nov 27, 2012
11/12
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. >> sandy had to shut down a lot of stores for you. the hurricane storm 35-40% of your business is done. it is a big part of our business. it did impact us in the first part of november. we were were able to still raise the year we were able to do. we were looking for a big 4th quarter. revenues will be up 7%. we were looking for earnings per share growth. so, we are expecting 4th quarter, a holiday season to continue very strong. how important is the cost of acquisition and the core basic strength of the business? i mean to me, it has to be a big up year given the strength of what you can do already. >> we have talkeded about the strength of the brand overall worldwide. we think we can add to that. we think the acquisition can be clear in the first year. we talked about two to three years from now. so, that you know, that is the point next year is a transition year, bringing the business in. i think we have talked about 35 cents a share, but i think the real opportunity there is greater than that. >> i have been emphasizing companies
. >> sandy had to shut down a lot of stores for you. the hurricane storm 35-40% of your business is done. it is a big part of our business. it did impact us in the first part of november. we were were able to still raise the year we were able to do. we were looking for a big 4th quarter. revenues will be up 7%. we were looking for earnings per share growth. so, we are expecting 4th quarter, a holiday season to continue very strong. how important is the cost of acquisition and the core...
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Nov 2, 2012
11/12
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CNBC
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we saw it after katrina and sandy will be no different. why? of course, because people are trying to salvage what they can from their homes before they rebuild or repair and they need someplace to put it. plus, you've got builders, contractors, clean-up crews, they need somewhere to put their equipment. again, self-storage. what are the reits that will see the most action? extra space storage where we are today, sovereign self-storage, and cube smart, to name a few. demand from sandy will drive revenue growth in the first half of 2013. extra space storage which has high exposure in new york and new jersey will see the biggest effect. perhaps as much as 33% of its portfolio. sovereign, up to 24%. this all according to analysts at cantor fitzgerald. now these reits are already up between 3% an 6% just since sandy hit. public storage is the largest of these self-storage reits. some haven't liked it lately because it's very expensive, but cantor upgraded it just before sandy hit from a sell to a hold. one caveat to all of of this, extraspace tellin
we saw it after katrina and sandy will be no different. why? of course, because people are trying to salvage what they can from their homes before they rebuild or repair and they need someplace to put it. plus, you've got builders, contractors, clean-up crews, they need somewhere to put their equipment. again, self-storage. what are the reits that will see the most action? extra space storage where we are today, sovereign self-storage, and cube smart, to name a few. demand from sandy will drive...
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Nov 10, 2012
11/12
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CNBC
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we are, in the weeks ahead going to get some very bad economic statistics from hurricane sandy. very bad. it might even look like a recession. will the stock market be able to see through it or will they get more fearful that the earnings cliff is going to turn into a recession cliff. >> we had our macro policy hearing and what we discussed was the impact on sandet and impact on the scomplekz we've taken the gdp numbers for the first quarter down below 1%, largely impacting the definite economic impact that we'll see from sandy and the potential economic impact from the election, but as we roll into the spring of next year, say the second, third quarter, at that point the drag from economic growth from sandy becomes a positive impact. >> phil orlando, where are your favorite investment sectors? where are your best ideas right now? >> right now, we've sort of pulled in our horns and neutralized the portfolio in terms of equities and fixed income. we are watching very carefully the rhetoric. i was encouraged by speaker boehner and the president today, but right now we just need so
we are, in the weeks ahead going to get some very bad economic statistics from hurricane sandy. very bad. it might even look like a recession. will the stock market be able to see through it or will they get more fearful that the earnings cliff is going to turn into a recession cliff. >> we had our macro policy hearing and what we discussed was the impact on sandet and impact on the scomplekz we've taken the gdp numbers for the first quarter down below 1%, largely impacting the definite...
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Nov 19, 2012
11/12
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and it's likely superstorm sandy slowed business at the end of the month. >>> well, he is a rare breed, a wall street insider who has the president's ear. what is president obama thinking these days? and what can we expect of the fiscal cliff negotiations? robert wolf is an outside adviser to president obama. a former president of investment banking at ubs and now ceo of the firm 32 advisers. robert, great to see you. >> great to be here, maria. >> thanks for joining us. so you are a rare breed. you're a top wall street executive, but you have a very close relationship with the president. so talk to us about this drama over the fiscal cliff. are we still in the positive touring stage? how does this play out? >> i hope it plays out with a deal. i would have probably put it around 80% a deal. but i would have sliced it this way. i would say 50% of that 80 is that they come up with, like, $60 billion. which is six months of the ten years of the $1.2 trillion sequester. >> okay. >> okay? >> so that's a drop in the bucket. >> a drop in the bucket. so you could do that. and is that would als
and it's likely superstorm sandy slowed business at the end of the month. >>> well, he is a rare breed, a wall street insider who has the president's ear. what is president obama thinking these days? and what can we expect of the fiscal cliff negotiations? robert wolf is an outside adviser to president obama. a former president of investment banking at ubs and now ceo of the firm 32 advisers. robert, great to see you. >> great to be here, maria. >> thanks for joining us. so...
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Nov 26, 2012
11/12
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again, a sandy effect in there. and the challenge for those playing the short term is to disaggregate, what's sandy and what's the real economy and after that figure off the fiscal cliff. >> all of that feeds into what you were saying, bill, expect a lot of volatility. the sandy effect will make it harder to decipher what's going on with the economic data. >> and the economic data is going to be skewed by mother nature, by politicians, a lot of things. you need a longer view, more than four weeks -- >> what's your view right now? >> cautious. but have you to be invested. you can't sit on the sidelines earning zero thinking you're going to accomplish anything. the one-year treasury at a quarter of a percent doesn't work for me. there's lots of opportunities out there and it gets back to focus, having a steady hand, ice in your veins and no one to buy. volatility could be good for an investor with a strong stomach and a strong will. >> but i think when you say words like cautious, sometimes -- i agree with bill with w
again, a sandy effect in there. and the challenge for those playing the short term is to disaggregate, what's sandy and what's the real economy and after that figure off the fiscal cliff. >> all of that feeds into what you were saying, bill, expect a lot of volatility. the sandy effect will make it harder to decipher what's going on with the economic data. >> and the economic data is going to be skewed by mother nature, by politicians, a lot of things. you need a longer view, more...
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Nov 14, 2012
11/12
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breaking news a major resignation in the wake of hurricane sandy. the chief of the long island power authority is stepping down. mike hurvay is announced his resignation as thousands of customers are still without power. but the top man is now out. we thank jeb for his insights. coming up what is in store for the future of this country and can the gop still sell free market commissions to the nation? radio talkshow host larry elder is going to join me next up. [ male announcer ] you are a business pro. governor of getting it done. you know how to dance... with a deadline. and you...rent from national. because only national lets you choose any car in the aisle... and go. you can even take a full-size or above, and still pay the mid-size price. this is awesome. [ male announcer ] yes, it is, business pro. yes, it is. go national. go like a pro. yes, it is. customer erin swenson bought so, i'm happy. today. sales go up... i'm happy. it went out today... i'm happy. what if she's not home? (together) she won't be happy. use ups! she can get a text alert,
breaking news a major resignation in the wake of hurricane sandy. the chief of the long island power authority is stepping down. mike hurvay is announced his resignation as thousands of customers are still without power. but the top man is now out. we thank jeb for his insights. coming up what is in store for the future of this country and can the gop still sell free market commissions to the nation? radio talkshow host larry elder is going to join me next up. [ male announcer ] you are a...
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Nov 2, 2012
11/12
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CNBC
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if people would give money to sandy relief. city meals is
if people would give money to sandy relief. city meals is
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Nov 2, 2012
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but with sandy we have yet to see these big checks from the wealthy. why? well, charity experts tell me that many of the wealthy are still digging out themselves. some of the most expensive neighborhoods in the country were hit by sandy and they still don't have power or water. also, it's early. wealthy donors don't want to duplicate efforts of the government, they don't want to send water to staten island if the coast guard is already there, for instance. they do want to figure out longer term needs, whether that's better evacuation systems, help for the elderly or taking a closer look as many are now at climate change. meanwhile, companies are also stepping up. jpmorgan is giving $5 million. disney's giving $2 million. fedex, toyota, viacom are all now among the biggest donors and that list is growing. one advisor told me mega checks from the wealthy will come, they always do. back to you, michelle. >> i'll take it, robert. >>> we're going to dive a little bit deeper now into the business of charities. best ways to collect and distribute money after a dis
but with sandy we have yet to see these big checks from the wealthy. why? well, charity experts tell me that many of the wealthy are still digging out themselves. some of the most expensive neighborhoods in the country were hit by sandy and they still don't have power or water. also, it's early. wealthy donors don't want to duplicate efforts of the government, they don't want to send water to staten island if the coast guard is already there, for instance. they do want to figure out longer term...
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forget the dollars, the sandy thing is turning dire, very dire. over 100 dead and the count expected to go higher as rescue workers reach the flooded homes and, mayor bloomberg predicting more bodies will be found and president obama holding a conference call with the governors of new york, new jersey and connecticut. and, that '70s show in the garden state all over again. new jersey governor chris christie ordering odd-even gas rationing, to help ease incredibly long lines at the pump and license plates ending in odd numbers fill up on odd days and even numbers on even days, the changes go into effect less than two hours from now in 12 new jersey counties. and, governor mitt romney wrapping up an event in battle ground state of new jersey, louisiana governor bobby jindal traveling with him, and we'll talk to the governor in a few moments, and, staten island and the storm after the storm. those escaping death now, pleading with city officials for food, water and any help they can get. anna is on is right now. >> reporter: good morning to you, neil
forget the dollars, the sandy thing is turning dire, very dire. over 100 dead and the count expected to go higher as rescue workers reach the flooded homes and, mayor bloomberg predicting more bodies will be found and president obama holding a conference call with the governors of new york, new jersey and connecticut. and, that '70s show in the garden state all over again. new jersey governor chris christie ordering odd-even gas rationing, to help ease incredibly long lines at the pump and...
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Nov 13, 2012
11/12
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CNN
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plus, an "outfront" investigation into the red cross response to sandy. are the millions of dollars donated to the charity, the ones every time you see online, you sydow nature to the red cross? are they getting to victims of the storm? and how will the president and congress avoid the fiscal cliff? erskine bowles comes outfront swinging next. don't want to pay more than you have to. only citi price rewind automatically searches for the lowest price. and if it finds one, you get refunded the difference. just use your citi card and register your purchase online. have a super sparkly day! ok. [ male announcer ] now all you need is a magic carriage. citi price rewind. buy now. save later. introducing the new droid razr maxx hd by motorola. now more than ever droid does. he loves risk. but whether he's climbing everest, scuba diving the great barrier reef with sharks, or jumping into the market, he goes with people he trusts, which is why he trades with a company that doesn't nickel and dime him with hidden fees. so he can worry about other things, like what
plus, an "outfront" investigation into the red cross response to sandy. are the millions of dollars donated to the charity, the ones every time you see online, you sydow nature to the red cross? are they getting to victims of the storm? and how will the president and congress avoid the fiscal cliff? erskine bowles comes outfront swinging next. don't want to pay more than you have to. only citi price rewind automatically searches for the lowest price. and if it finds one, you get...
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Nov 11, 2012
11/12
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FBC
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unlocking the world's potential. >> helping families pick up the pieces from sandy. fema is accused of dropping the ball. private workers and supplies are flooding in to help our fellow americans devastated by the super storm and it could help rebuild the entire economy . how so? >> i think there are examples of this in the past. the size of the storm predicts how quickly you can recover . hugo that hit south carolina some years ago, the recovery that came back was stronger than the economy there before . replacement of older things and new investment made in the area to bring the area back. that encouraged the economy. economic affects were more positive than negative when it happened. that happened and apparent lie happening now. enough services to recreate long island and new jersey and it is going to take time to do this, of course and median affect is bad but ultimate affect is good. >> tracey we talked about the home builders and there is going to be so much new home construction because of the storm. we knock them down and rebuild it and call it a thriving eco
unlocking the world's potential. >> helping families pick up the pieces from sandy. fema is accused of dropping the ball. private workers and supplies are flooding in to help our fellow americans devastated by the super storm and it could help rebuild the entire economy . how so? >> i think there are examples of this in the past. the size of the storm predicts how quickly you can recover . hugo that hit south carolina some years ago, the recovery that came back was stronger than the...
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forget about how sandy is going to affect voter turnout. how a new storm going up the east coast could remove all doubt. we got virginia's republican governor and it's going to governor and it's going to affect him as well comimimimimi [ male announcer ] this is the age of knowing what you're made of. why let erectile dysfunction get in your way? talk to your doctor about viagra. ask if your heart is healthy enough for sex. do not take viagra if you take nitrates for chest pain; it may cause an unsafe drop in blood pressure. side effects include headache, flushing, upset stomach, and abnormal vision. to avoid long-term injury, seek immediate medical help for an erection lasting more than four hours. stop taking viagra and call your doctor right away if you experience a sudden decron or hearing. this is the age of taking action. viagra. talk to your doctor. so, which supeast 4g lte service would yochoose, based on this chart ? don't rush into it, i'm not looking for the fastest answer. obviously verizon. okay, i have a different chart. going
forget about how sandy is going to affect voter turnout. how a new storm going up the east coast could remove all doubt. we got virginia's republican governor and it's going to governor and it's going to affect him as well comimimimimi [ male announcer ] this is the age of knowing what you're made of. why let erectile dysfunction get in your way? talk to your doctor about viagra. ask if your heart is healthy enough for sex. do not take viagra if you take nitrates for chest pain; it may cause an...
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Nov 2, 2012
11/12
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and putting a price on sandy. we'll talk to a long time insurance executive to get perspective on how the industry will handle all the damages and how you can even start to tally up the cost of all of this. right now as we head to a break, take a look at yesterday's winners and losers. up. a short word that's a tall order. up your game. up the ante. and if you stumble, you get back up. up isn't easy, and we ought to know. we're in the business of up. everyday delta flies a quarter of million people while investing billions improving everything from booking to baggage claim. we're raising the bar on flying and tomorrow we will up it yet again. he's, he's on my back about providing for his little girl. hey don't worry. e-trade's got a killer investing dashboard. everything is on one page. i'm watching you. oh yeah? well i'm watching you, watching him. [ male announcer ] try the e-trade 360 investing dashboard. >>> welcome back to "squawk b " box." we're two hours away from the release of the jobs report for october.
and putting a price on sandy. we'll talk to a long time insurance executive to get perspective on how the industry will handle all the damages and how you can even start to tally up the cost of all of this. right now as we head to a break, take a look at yesterday's winners and losers. up. a short word that's a tall order. up your game. up the ante. and if you stumble, you get back up. up isn't easy, and we ought to know. we're in the business of up. everyday delta flies a quarter of million...
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Nov 11, 2012
11/12
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CNNW
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and then on to new york now, superstorm sandy is now to blame for 43 deaths. and more than 38,000 customers hardest hit by the storm are getting ready to enter their third week without power or water. susan candiotti shows us how a disabled woman, who hasn't left her apartment in two weeks, is coping. and we want to warn you, some of the pictures might be disturbing to you. >> reporter: out in broad daylight it's easy to see but look how dark it's going to get when we walk inside the building. bryant pearson is in charge of the tenant association. he's going to give us a tour. let's take a look. by contrast, you can see it's bright sunshine outside and i don't know how you can see anything in here, bryant. >> nah, we don't. >> i'm holding on to the back of your jacket because i can't see a thing. >> this is how people get up and down the staircase. >> hold on. i cannot see. okay. got it. >> this is how we have to live here. we've been living like this since the storm hit. >> bryant, is this the floor now? >> yes, this is the seventh floor. >> has there been an
and then on to new york now, superstorm sandy is now to blame for 43 deaths. and more than 38,000 customers hardest hit by the storm are getting ready to enter their third week without power or water. susan candiotti shows us how a disabled woman, who hasn't left her apartment in two weeks, is coping. and we want to warn you, some of the pictures might be disturbing to you. >> reporter: out in broad daylight it's easy to see but look how dark it's going to get when we walk inside the...
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Nov 5, 2012
11/12
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. >> recovery from sandy continues. manhattan gets power back and most subway service is restored although millions in the region have no power or heat with tens of thousands this morning homeless. >> we'll begin with a big week for the market. first up tomorrow's presidential election in this country. polls show the race between barack obama and gop challenger mitt romney to be a dead heat. on wednesday the greek parliament is due to vote on a package of austerity measures and then china's congress convenes for once in a decade leadership change. that's not evening mentioning ecb. there's been some that have said this is potentially the highest concentration of risk of the entire year. >> i heard this. it's embarrassing to hear. what's happened the whole time is there are managements that have made money during this period and managements that have failed and models that have made money and models that have failed. i spent a lot of time this weekend going over the last five years of stocks. what i find is that you have
. >> recovery from sandy continues. manhattan gets power back and most subway service is restored although millions in the region have no power or heat with tens of thousands this morning homeless. >> we'll begin with a big week for the market. first up tomorrow's presidential election in this country. polls show the race between barack obama and gop challenger mitt romney to be a dead heat. on wednesday the greek parliament is due to vote on a package of austerity measures and then...
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i am done with sandy. now, thank you so much. gerri: next, our gas lines are stretching from new york to new jersey. some stations are worried about they will charge whatever they want to. should they be allowed to do that? john stossel has an interesting take coming up next i'm a conservative investor. i invest in what i know. i turned 65 last week. i'm geing married. planning a life. there are risks, sure. but, there's no reward without it. i want to be prepared for the long haul. i see a world bursting with opportunities. india, china, brazil, ishares, small-caps, large-caps, ishares. industrials. low cost. every dollar counts. ishares. income. dividends. bonds. i like bonds. ishares. commodities. diversification. choices. my own ideas. ishares. i want to use the same stuff the big guys use. ishares. 9 out of 10 large, professional investors choose ishares for their etfs. etfs for the heart intof your portfolio.es core, taefficient and low cost building blocks to help you keep more of what you earn. call your advisor. visit is
i am done with sandy. now, thank you so much. gerri: next, our gas lines are stretching from new york to new jersey. some stations are worried about they will charge whatever they want to. should they be allowed to do that? john stossel has an interesting take coming up next i'm a conservative investor. i invest in what i know. i turned 65 last week. i'm geing married. planning a life. there are risks, sure. but, there's no reward without it. i want to be prepared for the long haul. i see a...
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Nov 30, 2012
11/12
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FOXNEWSW
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have forgotten sandy. life goes on. they are over it. but we remind you as the officials were patting themselves on the we back, we know the reality, because we are familiar with this area, friends and family are there. it is not way are being told. but i have to tell you, it isn't what you have been told. if you think the crisis has passed and life is good, these folks, many of them have faced thanksgiving from hell, are now looking at the same thing for christmas. i think they deserve better. and i think our government if it is going to step up to the role of doing more should try. in the meantime, before the townhall, we had this. >>guest: you think this is a joke? a joke? you are a joke. you it is there with a smile and i thought you would do better and that is why we voted. we thought you would help the people. >>neil: i am telling you, folks, this erupted and staten island residents were not only yelling at officials but taking on president obama. >> i told president obama he lied, fema lied, they ar
have forgotten sandy. life goes on. they are over it. but we remind you as the officials were patting themselves on the we back, we know the reality, because we are familiar with this area, friends and family are there. it is not way are being told. but i have to tell you, it isn't what you have been told. if you think the crisis has passed and life is good, these folks, many of them have faced thanksgiving from hell, are now looking at the same thing for christmas. i think they deserve better....
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Nov 13, 2012
11/12
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full impact of sandy won't be felt. color expected on the conference call but that could be a key driver going into the last quarter of the year. metrics on the quarter were good. best ticket growth in four years in terms of ticket size. average ticket 54.50. up 2.9% year on year. even below the surface the numbers were really solid for home depot. >> one of the things that blake talked about on the conference call is investment in your home starting to grow faster than gdp? he's used that as yardstick to say we're still not there yet. we're still not there even though he's been doing the numbers. i want to know whether we're there in surpassing it. yesterday there was a good conference call. people didn't like it. i think that was one of those judgments about people saying, you know what? i want to take profit. stocks up 53%. home depot looks like it's not going to fall prey to fiscal cliff profit taking. need to know more. very few stocks available to go through there. >> lowe's reports next week. lagged for 13 quarte
full impact of sandy won't be felt. color expected on the conference call but that could be a key driver going into the last quarter of the year. metrics on the quarter were good. best ticket growth in four years in terms of ticket size. average ticket 54.50. up 2.9% year on year. even below the surface the numbers were really solid for home depot. >> one of the things that blake talked about on the conference call is investment in your home starting to grow faster than gdp? he's used...
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sandy is gone, but misery continues as so many devastated. today the death toll climbed to 97 people. staten island neighborhoods swept away. homeland security secretary janet napolitano toured the area, vowing to do everything she could to help. plus, after insisting this sunday's new york city marathon would go on, mayor bloomberg canceled the race. many were outraged the city would take valuable efforts away from the recovery efforts for the marathon. tonight, city hall and race officials have called it off. meanwhile, look at this. cars lined up for miles to get gas. drivers in some cases waiting 20 hours as the supply dwindles, fighting with each other. there's one report that a guy pulled a gun at one gas station. tonight the military is delivering fuel to the disaster zone, sending 24 million gallons of extra gas, a welcome sign. the obama administration is hiring trucks to bring the gas to staging areas. all this is unfolding four days before the general election. president obama and governor romney fighting it out for every last vote
sandy is gone, but misery continues as so many devastated. today the death toll climbed to 97 people. staten island neighborhoods swept away. homeland security secretary janet napolitano toured the area, vowing to do everything she could to help. plus, after insisting this sunday's new york city marathon would go on, mayor bloomberg canceled the race. many were outraged the city would take valuable efforts away from the recovery efforts for the marathon. tonight, city hall and race officials...
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Nov 14, 2012
11/12
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have to do redo sandy. what were the things that should've happened in advance of the storm knowing it was coming. >> i think when you have storms of this nature, the key is not preparing the day before, but preparing well in advance. we were involved in the aftermath of katrina and some of the storms that hit in '05, and you look back on those experiences and it's very difficult the day before to figure out what to do. and while i think particularly here there was a lot of planning in advance, it's not untypical to avoid thinking about the unthinkable. >> right. >> it's happened in many situations. >> real quick. politically, we keep talking about the politics of the fiscal cliff and all of this, but the politics of energy in this country, do you think that 2020 prediction is ultimately going to be right. do you see the administration now they've been reelected doing the things that you think will actually get us there? yes, no, where are you? >> i'm skeptical as to whether we'll actually reach that goal.
have to do redo sandy. what were the things that should've happened in advance of the storm knowing it was coming. >> i think when you have storms of this nature, the key is not preparing the day before, but preparing well in advance. we were involved in the aftermath of katrina and some of the storms that hit in '05, and you look back on those experiences and it's very difficult the day before to figure out what to do. and while i think particularly here there was a lot of planning in...
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Nov 26, 2012
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. >> what's going on here, the company's stock had been zooming up in the wake of sandy. one of the -- actually the largest private equity holder of the company is peeling off about one-third or a little less than a third of their shares, 11 million shares in the company. you have that opportunity, take it. >> shares are up 38% over the past month in the wake of sandy. >> i should tell you you, there are insiders also selling on this as well. moving on this r.i.m. this one has been up 54% in one month. it looks like we're also getting some dueling thoughts on this stock. >> on friday cibc came out. the analyst comes out, puts a market perform in the stock. today an analyst from morgan stanley comes out and says not so quick, i don't know that i buy the story. in fact says he considers the stock uninvestable over the near term. you get that good clash there. shows you this whole question about blackberry 10. i tell you what, blackberry 10, we'll know what's really going to happen in terms of sales when we see the reviews of the products after the thing really ships. >> it
. >> what's going on here, the company's stock had been zooming up in the wake of sandy. one of the -- actually the largest private equity holder of the company is peeling off about one-third or a little less than a third of their shares, 11 million shares in the company. you have that opportunity, take it. >> shares are up 38% over the past month in the wake of sandy. >> i should tell you you, there are insiders also selling on this as well. moving on this r.i.m. this one has...
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Nov 11, 2012
11/12
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. >>> to the recovery in superstorm sandy, nearly two weeks after the storm, frustration is boiling over. >> can't get lights on for my kids. i can't get power, heat, garbage pickup? >> more than 280,000 people across the region are still without power. nj will ew jersey's governor ch christie expects power to be back statewide by tonight. he says life will be back for most of new jersey come sunday. >>> top-ranked alabama lost the tonight 29-24 to 15th ranked texas a&m. an interception at the goal line in the final two minutes preserved the win for the aggies. texas a&m had led 20-0 at the end of the first quarter. >>> and the marine corps is celebrating its 237th birthday today. it was founded in 1775 by a resolution passed during the second continental congress. celebration includes a birthday ball and cake cutting ceremony. those are your headlines. i'm don lemon. see you back here at 10:00. >>> tonight, my world exclusive with one of the most controversial leaders in one of the most dangerous parts of the world. if israel does launch a strike against your country, what will your res
. >>> to the recovery in superstorm sandy, nearly two weeks after the storm, frustration is boiling over. >> can't get lights on for my kids. i can't get power, heat, garbage pickup? >> more than 280,000 people across the region are still without power. nj will ew jersey's governor ch christie expects power to be back statewide by tonight. he says life will be back for most of new jersey come sunday. >>> top-ranked alabama lost the tonight 29-24 to 15th ranked...
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Nov 6, 2012
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>> it has been up in the air because of hurricane sandy. what happens once we know who the president is. that is when the work begins, fiscal cliff, foreign policy and supreme court seats. >> the next federal reserve. >> everyone thinks their vote matters, though, i think this time because it is so close. it is a uniquely -- i felt good my kids went with my wife and were in the curtain and saw everything. scott had to stand on the side where you couldn't get close to the button. >> did you have a -- >> it was a total make shift where i voted. you had to write it down first and then scan. >> if you are in manhattan you don't need a curtain. >> the guy who was helping out said let me see your sheet. i said no. >> you have to bubble in these things like you are doing the s.a.t.s. people can see what you are doing. >> don't need a curtain in new york. obama. >> i saw some obamas. >> thank you. 7:00. you and carl will be getting us through until we know who won. >>> when we come back the election and the fiscal cliff, the chairman and ceo of pmc
>> it has been up in the air because of hurricane sandy. what happens once we know who the president is. that is when the work begins, fiscal cliff, foreign policy and supreme court seats. >> the next federal reserve. >> everyone thinks their vote matters, though, i think this time because it is so close. it is a uniquely -- i felt good my kids went with my wife and were in the curtain and saw everything. scott had to stand on the side where you couldn't get close to the...
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Nov 16, 2012
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darst was talking about, which is figuring out what part of the weakness in the economy is sandy and which part is weak ne weakest in the economy. it's been down more than you would think. i agree no one expected this from the storm -- >> well, they blame the storm too. >> i would like to know the profit pictures to make the right investment call based upon how bullish did you get for a post fiscal cliff agreement? >> very quickly, you got to make money here. what do you do? >> home building stocks are the number one group thus far this year. you want to go back to your technology. apple, that thing is down over 25% now. buy some apple. buy it on a scale down basis. average down on apple. that would be one thing. oracle is another one. that is at the basis. and qualcomm. those three, bill. >> okay. jeff? >> looking to hedge where the s&p 500 may go. looking at holding some cash. also looking at some opportunity where is they're emerging. oil, for example, on mideast conflicts starting to lift higher. that might be an opportunity. >> just like to wish xi jinping, the new president of
darst was talking about, which is figuring out what part of the weakness in the economy is sandy and which part is weak ne weakest in the economy. it's been down more than you would think. i agree no one expected this from the storm -- >> well, they blame the storm too. >> i would like to know the profit pictures to make the right investment call based upon how bullish did you get for a post fiscal cliff agreement? >> very quickly, you got to make money here. what do you do?...
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Nov 16, 2012
11/12
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president obama got a first hand look at part of new york city devastated by superstorm sandy. the president vowed federal agencies will be involved in the rebuilding effort. >>> the cia astarting an investigation into former director david petraeus. and the investigation will include whether he used cia resources in carrying out his affair with paula board well. also today, attorney general eric holder spoke publicly for the first time about the petraeus scandal, saying the justice department didn't tell the white house about the fbi's investigation, because it was determined that national security was never at risk. and the fda investigating the supplement five-hour arc after reports of 13 deaths by consumers that may have used it. this doesn't mean the supplement played a role, however, three deaths may have a preliminary link. five-hour energy contains caffeine and other ingredients. we'll be right back.
president obama got a first hand look at part of new york city devastated by superstorm sandy. the president vowed federal agencies will be involved in the rebuilding effort. >>> the cia astarting an investigation into former director david petraeus. and the investigation will include whether he used cia resources in carrying out his affair with paula board well. also today, attorney general eric holder spoke publicly for the first time about the petraeus scandal, saying the justice...
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who is better prepared to handle sandy, fema or home depot? log onto gerriwillis.com and i will share the results at the end of tonight's show. in the final jobs report before election day is out, what do the numbers really say about the unemployment crisis innthis country? answers next. gerri: coming up the job right picks up as people return to the workforce.@a gerri: unemployment up is always hiring. 171,000 jobs added to the jobless picking up to 7.9% because more people are going on the job hunt. here to break it down, senior research fellow at george mason university and former commissioner of the bureau of labor statistics, jason shanker, chief economist for procedure economics. good news or bad? >> i think it was a good report. we saw an increase in the number of jobs, much more than expected. smith and upward roguish and the last couple of months. the market did not interpret it that way. in general it shows the trend of modest improvements in u.s. economic growth is continuing. gerri: what did you make of the report? speak i think mo
who is better prepared to handle sandy, fema or home depot? log onto gerriwillis.com and i will share the results at the end of tonight's show. in the final jobs report before election day is out, what do the numbers really say about the unemployment crisis innthis country? answers next. gerri: coming up the job right picks up as people return to the workforce.@a gerri: unemployment up is always hiring. 171,000 jobs added to the jobless picking up to 7.9% because more people are going on the...
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Nov 16, 2012
11/12
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post sandy, santa claus rally is happening. apple certainly will do well, you have other guys, look at that. that is so nice. liz: he is hogging santa's lap. so you believe we will see that rally? >> i do believe so. liz: he will have the pics to boost your portfolio even during a market correction. you cannot miss that. what is the number one selling baby food among the organic set? we will tell you after the break, but it is part of haynes celestial group. food for thought and why you may want to own shares this record-breaking company lately. having you ship my gifts couldn't be easier. well, having a ton of locations doesn't hurt. and my daughter loves the sant oh, ah sir. that is a customer. let's not tell mom. [ male announcer ] break from the holiday stress. fedex office. [ male announcer ] break from the holiday stress. ♪♪ you can help othersnk along the way. ♪ ♪ a portion of every bottle that they sell goes to fight ♪ ♪ breast cancer and i think that's swell. ♪ ♪ the more you take, the more they'll pay,
post sandy, santa claus rally is happening. apple certainly will do well, you have other guys, look at that. that is so nice. liz: he is hogging santa's lap. so you believe we will see that rally? >> i do believe so. liz: he will have the pics to boost your portfolio even during a market correction. you cannot miss that. what is the number one selling baby food among the organic set? we will tell you after the break, but it is part of haynes celestial group. food for thought and why you...
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Nov 15, 2012
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we've also seen some problems along the east coast after sandy. there are a lot of issues along the supply chain that really need to be corrected perhaps before we get to these projections, even if we're able to produce as much oil as the international energy agency is saying, will we have the infrastructure to support it at that time before 2020? >> you're mentioning an important point here. infrastructure is needed. with our experience when you start to produce infrastructure will follow, so it's either we are investing as oil companies or we're asking oil companies to invest in the mid stream and to the downstream which is pipelines and terminals, refineries et cetera. i think these will come. clearly the company needs more infrastructure, like light oil or oil shale gas is not in the normal centers like we used to have at the gulf coast, et cetera, so therefore investments in pipelines, gas facilities and therefore also refineries will be very important but normally when the natural resources are there, the investments are coming. let me also
we've also seen some problems along the east coast after sandy. there are a lot of issues along the supply chain that really need to be corrected perhaps before we get to these projections, even if we're able to produce as much oil as the international energy agency is saying, will we have the infrastructure to support it at that time before 2020? >> you're mentioning an important point here. infrastructure is needed. with our experience when you start to produce infrastructure will...
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Nov 12, 2012
11/12
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here is another way to help the victims of sandy. donate your unused vacation days. they have reactivated a benefit allowing workers are participating firms to give up vacation days. they will turn those into a tax-exempt group. that is the latest from the fox business group. giving you the power to prosper. ♪ ♪ [ male announcer ] this is karen anjeremiah. they don't know it yet, but they' gonna fall in love, get married, have a couple of kids, [ children laughing ] move to the country, and live a long, happy life together where they almost never fight about money. [ dog barks ] because right after they get married, they'll find some retirement people who are paid on salary, not commission. they'll get straightforward guidance and be able to focus on other things, like each other, which isn't rocket science. it's just common sense. from td ameritrade. connell: news alert for you on the fiscal cliff and markets. securing tax hikes on the rich. senator patty murray says go over the cliff if you have to. we have to make sure that the wealthiest americans pay their f
here is another way to help the victims of sandy. donate your unused vacation days. they have reactivated a benefit allowing workers are participating firms to give up vacation days. they will turn those into a tax-exempt group. that is the latest from the fox business group. giving you the power to prosper. ♪ ♪ [ male announcer ] this is karen anjeremiah. they don't know it yet, but they' gonna fall in love, get married, have a couple of kids, [ children laughing ] move to the country, and...
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the death toll from sandy is now up to at least 48 people in eight states, and nearly 6 million people in 15 states and the nation's capital are still without power tonight. also today president obama got a firsthand look of the jersey shore, one of the areas hardest hit by sandy. he was accompanied by new jersey governor chris christie. here they are in a photo just released by the white house within the past hour on marine one. the president said he will help. >> we are here for you and we will not forget, we will follow up to make sure that you get all the help that you need until you've rebuilt. >> the iconic boardwalk and seaside heights, new jersey, is just one of the places the president saw today. it's a landmark made famous by bruce springsteen, mtv and "the sopranos." this is before and after, to give you a sense of what's happened. it's not even all there. you can see the rides including the roller coaster have been washed away sitting in the ocean. michael holmes is just across the bay in toms river, new jersey. you were in seaside heights, you toured it, what did you see?
the death toll from sandy is now up to at least 48 people in eight states, and nearly 6 million people in 15 states and the nation's capital are still without power tonight. also today president obama got a firsthand look of the jersey shore, one of the areas hardest hit by sandy. he was accompanied by new jersey governor chris christie. here they are in a photo just released by the white house within the past hour on marine one. the president said he will help. >> we are here for you and...
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Nov 13, 2012
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every day since sandy hit, we've asked lipa to come on the program. today we got the same response they have given every single day. they told us they quote, can't make anyone available at this time. the statement on their website said, i quote, lipa continues the massive effort to restore electricity to all customers. we will continue to work 24 hours a day, seven days a week, with over 9,400 linemen and tree trim crews dedicated to getting power restored. in case anyone in management is from lipa is watching, it's not the linemen who people have an issue with. they are grateful when they do show up. it's you guys, it's the management who is not communicating at all with people. half of those 58,000 lipa customers who won't get power until their homes are repaired live in the rockaways. i want to show you how close that is to midtown manhattan, where we are. use times square as a reference point. the rockaways are to the east in the borough of queens. the area is a known flood zone, a mandatory evacuation zone as sandy approached. some of them stayed
every day since sandy hit, we've asked lipa to come on the program. today we got the same response they have given every single day. they told us they quote, can't make anyone available at this time. the statement on their website said, i quote, lipa continues the massive effort to restore electricity to all customers. we will continue to work 24 hours a day, seven days a week, with over 9,400 linemen and tree trim crews dedicated to getting power restored. in case anyone in management is from...
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Nov 9, 2012
11/12
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. >>> flight stats reports that more than 20,000 flights were canceled due to sandy. as a result, analysts projecting the storm could knock upwards of $200 million off of airlines bottom lines and that could mean a further dip for the global airline industry as profits are already expected to be down more than 50% year over year. that's according to the international air transport association. for more on business travel new, head to to roadwarrior.cnbc.com. . up. a short word that's a tall order. up your game. up the ante. and if you stumble, you get back up. up isn't easy, and we ought to know. we're in the business of up. everyday delta flies a quarter of million people while investing billions improving everything from booking to baggage claim. we're raising the bar on flying and tomorrow we will up it yet again. who have used androgel 1%, there's big news. presenting androgel 1.62%. both are used to treat men with low testosterone. androgel 1.62% is from the makers of the number one prescribed testosterone replacement therapy. it raises your testosterone levels,
. >>> flight stats reports that more than 20,000 flights were canceled due to sandy. as a result, analysts projecting the storm could knock upwards of $200 million off of airlines bottom lines and that could mean a further dip for the global airline industry as profits are already expected to be down more than 50% year over year. that's according to the international air transport association. for more on business travel new, head to to roadwarrior.cnbc.com. . up. a short word that's a...
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Nov 13, 2012
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this is a company that's now past the sandy cliff and is going to start benefiting from it. i find cliffs everywhere. and this is a good company that did great. >> i want to hear from you on jcpenney, cramer. he's very good. i thought, you know what? if he's got enough time, maybe it works. i don't know as you're bleeding. >> you have to look at it on a consolidated basis. 89% of it is hideous and terrible. 11% as we learned from andrew ross sorkin today is terrific. if you look at consolidated, it means it's fabulous, doesn't it? >> could it be? >> remember at our conference last summer? july, i had ackman on a panel. articulate. gave a real case. was totally behind mr. johnson and his strategy and the stock soared from there over the next couple of months only to collapse over the last few weeks. i don't know. i preferred andrew's piece. 11% versus 89%. what do they have left in cash? a billion dollars? >> about half a billion right now. may go up after the holidays. >> george mcgovern was really behind -- he was behind him 1,000%. i'm sure that ackman is behind johnson 1,
this is a company that's now past the sandy cliff and is going to start benefiting from it. i find cliffs everywhere. and this is a good company that did great. >> i want to hear from you on jcpenney, cramer. he's very good. i thought, you know what? if he's got enough time, maybe it works. i don't know as you're bleeding. >> you have to look at it on a consolidated basis. 89% of it is hideous and terrible. 11% as we learned from andrew ross sorkin today is terrific. if you look at...
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Nov 23, 2012
11/12
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the only thing i'm seeing is maybe sandy gives a little boost. everybody is still in that 1% to 1.5% range. maybe the market get excited on revision of third quarter but i suggest it shouldn't if fourth quarter will be a 1.5% economy. >> i tell you what, if we get a 2.8 revision, i would venture to say you'll see at least a 7 to 10 basis point move in a ten-year note yield. whether it lasts or not is a big deal. it's worth 7 to 10 basis points if you -- >> jim, chime into this. we know this revision is coming because we've had the other reports that have told us the missing pieces we had from third quarter as it was printed. it should not be a surprise to the market. as we all know, sometimes the market doesn't know what it should know and it gets excited about things it ought to have known. >> the thing that struck me in the conversation is to me when you think of 2.8% gdp, that sounds so fantastic considering what we're used to. realistically, it's sluggish. whether 2.8 or 2.2, we expect the fed to be involved because they told us they need bet
the only thing i'm seeing is maybe sandy gives a little boost. everybody is still in that 1% to 1.5% range. maybe the market get excited on revision of third quarter but i suggest it shouldn't if fourth quarter will be a 1.5% economy. >> i tell you what, if we get a 2.8 revision, i would venture to say you'll see at least a 7 to 10 basis point move in a ten-year note yield. whether it lasts or not is a big deal. it's worth 7 to 10 basis points if you -- >> jim, chime into this. we...
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Nov 29, 2012
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. >> tom, right after sandy, a couple weeks ago or three weeks eeg y ago you were talking about sandy being twice the size of katrina but the wind speeds weren't as much and it wasn't going to affect all state. did you see christie and cuomo? are those real numbers? is that what they'd like to see from the feds or is it worse than what you thought on november 1st? itz's worse than what we thought out. it will cost us 1 billion 75 doll lars. it is a significant event. it's significant flooding. that's not typically konked by us but by the government if you buy their policy. unfortunately very few people buy coverage. so unfort flatly there's a bunch of people whose homes got wrecked and that's what cuomo and christie are seeking. our government has a hit of going back to the state and saying, sorry you didn't buy insurance, here's some money and they'll do it again. they're trying to negotiate as to how much they get. >> allstate's ceo tom wilson. we appreciate your time. >> thank you. >>> when we return, we'll have gene ludwig. he will be our special guest. also at the bottom of the h
. >> tom, right after sandy, a couple weeks ago or three weeks eeg y ago you were talking about sandy being twice the size of katrina but the wind speeds weren't as much and it wasn't going to affect all state. did you see christie and cuomo? are those real numbers? is that what they'd like to see from the feds or is it worse than what you thought on november 1st? itz's worse than what we thought out. it will cost us 1 billion 75 doll lars. it is a significant event. it's significant...
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Nov 10, 2012
11/12
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the sandy money is going to sandy victims. they guarantee that. they've got 300 trucks out, served 3.5 million meals so far. they're in ten different states. we don't see them here, there's been a lot of complaints, but the red cross is saying if you donated to hurricane sandy, your money is going to help hurricane sandy victims. we'll keep on it. >> drew griffin, thank you so much for the reporting. it's so important. in addition to the red cross, we've git couple more places to find legitimate charities and to help the people here. the first is charitynavigator.org. they basically rank these charities and give you a sense of which ones are transparent. go to cnn.com/impact, and you can find a list of other groups. but charitynavigator.org will tell you the legitimate ones out there. it's sickening that people prey on these victims. how do you deal with this every day? >> i survive. i'm in survival mode. i caught a guy coming out of one of my neighbor's houses with a sack of i.d.s, security card, picture i.d.s. i stay out here all night long and
the sandy money is going to sandy victims. they guarantee that. they've got 300 trucks out, served 3.5 million meals so far. they're in ten different states. we don't see them here, there's been a lot of complaints, but the red cross is saying if you donated to hurricane sandy, your money is going to help hurricane sandy victims. we'll keep on it. >> drew griffin, thank you so much for the reporting. it's so important. in addition to the red cross, we've git couple more places to find...
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Nov 23, 2012
11/12
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we had sandy to deal with also. this has taken our mind off that which is a nice change of pace for the people on the east coast. so the holiday season gives us something to cheer about. the markets have done their part this week. >> how are we setting up for next week given that next week is going to be a full trading session for one but as i mentioned, washington gets back to business hopefully and maybe gets some work done. >> is it back to business? are we going to expect anything out of them? down here it doesn't seem like we are. i don't want to say that we've lost hope but the fiscal cliff, we don't think it will happen, we really don't. i don't expect anything out of washington. i would look more toward overseas and what they're seeing. things are going to keep falling. >> what matters more to the markets, spain or the fiscal cliff? >> the fiscal cliff is so quiet this week. i'm going to say spain. a bigger linchpin short-term going into next week. >> matt, thank you for stopping by. a special black friday t
we had sandy to deal with also. this has taken our mind off that which is a nice change of pace for the people on the east coast. so the holiday season gives us something to cheer about. the markets have done their part this week. >> how are we setting up for next week given that next week is going to be a full trading session for one but as i mentioned, washington gets back to business hopefully and maybe gets some work done. >> is it back to business? are we going to expect...
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sandy was ten days ago. some still without power. ouch. a half to get back to the market because big things are happening and apple. way down. what's going on? >> reporter: down $13 right now. we saw it in the early go. a little apparel. quickly back into the red, but as we noted, oppenheimer saying it is a buying a opportunity. stuart: one other stock. i have to mention it. it's called the walking dead. is that a tv show? >> reporter: the walking dead on amc is humongous. it is about zombies, and it is more popular than shows like modern family and the big bang theory, and that is why the stock is jumping, hitting a new high, coming in with estimates that are beating the street, and it is propelling revenue. stuart: strange isn't it. i was so concerned about the election that i forgot all about the walking dead. my mistake. i'm is to stop there. >> reporter: climate change. stay focused. stuart: doing my best. thank you. ten days after sandy, and the northeast is still suffering. there is some gas. you can get it, but not that much. some
sandy was ten days ago. some still without power. ouch. a half to get back to the market because big things are happening and apple. way down. what's going on? >> reporter: down $13 right now. we saw it in the early go. a little apparel. quickly back into the red, but as we noted, oppenheimer saying it is a buying a opportunity. stuart: one other stock. i have to mention it. it's called the walking dead. is that a tv show? >> reporter: the walking dead on amc is humongous. it is...